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A bond is issued by a guarantor,usually
A bond is issued by a guarantor,usually
考试题库
2022-08-02
62
问题
A bond is issued by a guarantor,usually fl bank or an insurance company, on behalf of an exporter. It is a guarantee to the buyer that the exporter will fulfill his contractual obligations. If these obligations are not fulfilled,the guarantor undertakes to pay a sum of money to the buyer in compensation. This sum of money can be anything from l% to 100%of the contract value. If the bond is issued by a bank,then exporter is asked to sign a counter indemnity which authorizes the bank to debit his account with any money paid out under the bond. Bonds are usually required in connection with overseas contracts,or with the supply of capital goods and services. When there is a buyer’s market,the provision of a bond can be made an essential condition for the granting of the contract. Middle Eastern countries commonly require bonds,but nowadays many other countries also require bonds. Most international aid agencies,such as the World Bank or the European Development Fund,and most government purchasing organizations in the developing world,now require bonds from sellers. [中国工商银行真题] Before a bank issues a bond for the exporter,the issuer and the applicant should have some kind of agreement in( )form.A.verbalB.writtenC.bondD.L/C
选项
A.verbal
B.written
C.bond
D.L/C
答案
B
解析
根据第二段句子“exporter is asked to sign a counter indemnity”可知,担保人和申请人之间须签订书面协议,以确保担保人可以在申请人违约的情况下,向买方支付一定的赔偿金。
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